Occupy Oakland Deposits $20K at ... Wells Fargo

But don't worry, it's only for a little while!
By Evann Gastaldo,  Newser Staff
Posted Nov 9, 2011 12:59 PM CST
Occupy Wall Street demonstrators march to a Wells Fargo Bank as part of the protest in downtown Oakland, Calif., Friday, Nov. 4, 2011.   (AP Photo/Paul Sakuma)
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(Newser) – So much for Bank Transfer Day and, you know, railing against Wall Street: Occupy Oakland took its $20,000 straight to Wells Fargo, the fourth-largest bank holding company in the US. The group’s general assembly agreed—just about unanimously—to temporarily put the large donation from Occupy Wall Street into the big bank Monday, the San Francisco Examiner reports. Not surprisingly, the 162-8 vote (16 abstained) led to outrage on Twitter.

“I can see the ad now: ‘People’s money is so safe here at Wells Fargo, even our sworn enemies use us for their banking needs!’” wrote @davidcolburn. Some, like @graceface, opted for a simpler message: “ARE YOU F***ING SERIOUS?!” Occupy Oakland does plan to ultimately transfer the money to a credit union, but needs to open an account as an unincorporated association first. The Examiner also notes another bit of irony: “Last week,” writes Sarah Gantz, “one or more Occupy Oakland protesters smashed the windows of a Wells Fargo branch.”

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